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Stock impact report

Stifel & Lord Abbett Form Leveraged Lending Joint Venture

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: GlobeNewswire
ST. LOUIS and JERSEY CITY, N.J., June 12, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) and Lord Abbett, LLC, today announced the formation of a substantial leveraged lending joint venture, SBLA Private Credit. SBLA Private Credit will focus on both new issue and existing loans to small and mid-sized portfolio companies of financial sponsors and compliments the existing capabilities of both firms. SBLA Private Credit brings together two of the industry’s most established brands, with in-depth coverage across the middle market and reputations for strategic growth and disciplined risk management. Coupling the strength of Stifel’s full-service platform and entrenched direct lending capabilities with Lord Abbett’s leveraged credit presence and significant capital base, SBLA Private Credit is uniquely positioned for success in today’s origination market. “Stifel continues to forge strategic partnerships that allow the firm to meet the different needs of our diverse client Show less Read more
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